Classes D, E, and F of GMAC Commercial Mortgage Securities Inc.'s mortgage pass-through certificates, series 2002-FL-1, have been placed on Rating Watch Negative by Fitch Ratings.In addition, Fitch affirmed the ratings on four other classes in the deal. The rating agency attributed the Rating Watch placements to the declining performance of two loans, One Kendall Square and The Infomart. The One Kendall Square loan, the largest in the pool (representing 40.9%), is secured by nearly 640,000 square feet of office space, a cinema, and a parking garage, Fitch said. The Infomart loan, the second-largest in the pool (20.7%), is secured by a class A-minus office building with nearly 1.17 million square feet of space.
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